MANUFACTURING AND SUPPLY CHAINS MUST CHANGE RELATIONSHIPS AFTER COVID
Manufacturing and its supply chains have a unique opportunity from the Covid-19 crisis to wholly reassess how they can adapt, corporate, upskill and innovate, according to leaders at an Insider online forum.
The whole sector now has the chance to move to a relationship built around collaboration and diversification, the forum – The Future of Manufacturing & the Supply Chain After Lockdown event – sponsored by Coventry University – was told.
"Covid-19’s given us a unique vantage point to look at our businesses, in fact the whole fabric of our supply chain," said Dr Douglas Dawson, chief executive of Liberty Industries Group,
"Never before has industry worldwide been effectively parked in a railway siding, and we should use this unique opportunity to look at ourselves on how we view manpower, finances, customers and management practices.
"Covid-19 has shown us just where we’re efficient, where we’re adaptable. It's an opportunity to make good business great and we shouldn’t squander it.
"The supply chain will change forever: Covid 19 has effectively fast forwarded the future that was going to happen, and placed it in our laps."
Tony Fitton, VP (automotive) manufacturing logistics at DHL, added: "We’re seeing the start of a new area of working together, and it’s pointing to how new supply chains will evolve.
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